Filing Flows › TXO Partners, L.P. (TXO) › How it makes money
How TXO Partners, L.P. (TXO) makes money
TXO Partners, L.P. (TXO) made $55.1M of revenue in the third quarter 2026 (Q3 2026), -45% from a year earlier. Oil and Condensate brought in $29.8M (54%); Natural Gas Reserves brought in $15.0M (27%); Natural Gas Liquids Reserves brought in $10.2M (19%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Oil and Condensate | $29.8M | 54.2% | -77% | -55% |
| Natural Gas Reserves | $15.0M | 27.3% | +61% | -44% |
| Natural Gas Liquids Reserves | $10.2M | 18.5% | -5% | +36% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $55.1M | 100.0% |
| Operating cash flow | $33.7M | 61.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $55.1M | -45% |
| Q2 2026 | $151M | +68% |
| Q1 2026 | $28.3M | -66% |
| Q4 2025 | $126M | +41% |
| Q3 2025 | $101M | +47% |
| Q2 2025 | $89.9M | +57% |
| Q1 2025 | $84.3M | +25% |
From TXO Partners, L.P.'s 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does TXO Partners, L.P. make money?
TXO Partners, L.P. (TXO) made $55.1M of revenue in the third quarter 2026 (Q3 2026), -45% from a year earlier. Oil and Condensate brought in $29.8M (54%); Natural Gas Reserves brought in $15.0M (27%); Natural Gas Liquids Reserves brought in $10.2M (19%).
What is TXO Partners, L.P.'s biggest business?
Oil and Condensate: $29.8M in the third quarter 2026, 54% of revenue, -55% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.